monicamarieand1 monicamarieand1
  • 14-04-2021
  • Mathematics
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brian rehr obtains an installment loan of 1250 to buy canoe requires 24 monthly payments and has an apr of 10%
What is the monthly payment and finance charge

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bswolfer0808
bswolfer0808 bswolfer0808
  • 14-04-2021

Answer:

I believe it is 122.6

Step-by-step explanation:

1,250 - 24 = 1,226

10%of 1,226 = 122.6

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